All news: page 59

Baku. Representatives of ENI International B. V. paid a visit to Kargaly district of Kazakhstan’s Aktobe region, Kapital. kz reported citing Kazakh Invest national company. The construction of a 50 MW wind power plant will be launched in Badamsha village at the end of 2018.
Kazakh ...

Almetyevsk. TATNEFT continues to work systematically on improving the environmental safety of crude oil production processes. Particular attention is paid to reducing emissions to air, compliance with the standards of permissible environmental impact.
First and fore most, the ...

Tehran. Iran and Syria signed a deal for military cooperation in a meeting between the defense ministers of the two countries in Damascus. This was reported on Monday by the news agency Tasnim.
Iranian Defence Minister Amir Hatami traveled to Damascus on Sunday for a two-day visit, ...

Minsk. Belarus is feeling the impact of economic problems that arise from Western sanctions against Russia. This was stated on Sunday by Alexander Lukashenko in an interview with the Belarus One channel.
"This [Russia] is our main [trade] partner", he said. "Just look, the ...

Baku, Azerbaijan. Uniper SE and Azerbaijan’s state oil company SOCAR will collaborate on projects aimed at improving the energy efficiency of oil and gas production in Azerbaijan, SOCAR said in a message Aug. 25.
The two companies signed an agreement to that effect on Aug. 25 in ...

Moscow. The Board of Directors (the “Board”) of PAO NOVATEK (“NOVATEK” and/or the “Company”) discussed the Company’s results for the first half 2018 and decided to convene an Extraordinary General Meeting of Shareholders (“EGM”) on 28 September ...

Baku, Azerbaijan. Azerbaijani state oil company SOCAR's filling station in the Zabrat settlement of the Sabunchu district of Baku has begun selling compressed natural gas (CNG). This was reported in the press service of the company's message.
The number of CNG selling stations of ...

Oslo. Norway’s trillion-dollar sovereign wealth fund should continue to invest in oil and gas companies, a government-appointed commission recommended on Friday, contradicting earlier advice from the central bank.
A decision on whether to drop energy shares from the fund’s ...

Washington. The latest package of US sanctions against Russia, announced earlier this month under the pretext of punishing Moscow for its alleged role in the Skripal poisoning, is not expected to come into effect before August 27.
"The notification… elapsed on August 22. We ...

Astana. Kazakhstan will impose ban on import of gasoline from Russia to Kazakhstan after August 26.
The corresponding decree of the Kazakh Energy Minister as of July 3, 2018 "On petroleum products supplies from Russia to Kazakhstan" was published on July 16, 2018 in the ...

Arkhangelsk. The Solovki Archipelago (in Russia's Arkhangelsk Region) will have a system of alternative energy. A system of optimal energy supplies, which is offered by the Northern Arctic Federal University, will solve the problems of security and expensive energy on the archipelago, ...

Singapore. Oil prices rose on Friday on expectations that U. S. sanctions on Iran will cut significant volumes of crude from the market towards the end of the year, but trading was muted due to the unresolved trade dispute between Washington and Beijing.
Brent crude oil futures LCOc1 were ...

Baku. Construction work for the Trans Adriatic Pipeline (TAP) has reached the highest elevation point of the project, around 2. 1 km above sea level, on the Ostrovica mountain, the TAP AG consortium said in a message.
The Marta Pass connects the Korca and the Skrapari regions of Albania ...

Beijing/Washington. The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington.
The world’s two ...

Riyadh. Saudi Arabia has called off both the domestic and international stock listing of state oil giant Aramco, billed as the biggest such deal in history. About four senior industry sources said on Wednesday, Reuters reports.
The financial advisors working on the proposed listing have ...

Moscow. The government has not provided for collection of extra revenues of companies in fiscal policy changes and no reasons are in place to apply this measure. About this Russian Minister of Economic Development Maxim Oreshkin told reporters on Wednesday.
"The government has ...